new - 3 days on rocket

515 Ely Rd, Hixson, TN, 37343

$299,000

Home List Price

$3,551*

Closing Credit

4 Bedrooms
1 Full Bath
1,743 SqFt
$172/SqFt
House

Location

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515 Ely Rd, Chattanooga$299,000

Buyer Closing Credits

$3,551*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGravel
Attached Garage1 space
Year Built1948
HeatingCentral, Electric
CoolingCentral Air
MLS #1504668
Lot Size2.40 Acres
StatusActive

About 515 Ely Rd

You can homestead right in the heart of Hixson! Hard to find home with acreage in. 2.45 acres total with about 1.25 acres cleared. 1743 square feet, 4bdr 1bath. 1/4 acre fenced in backyard with 6ft privacy fence for easy maintenance. 3 mulberry trees, a pear tree, an apple tree, and tons of black berries and blue berries. Covered back porch.* HVAC unit and all new ductwork were installed 5 years ago. Extra Storage room in the attic Large utility room w/sink. Large single car garage with lots of shelving. Large workshop out back with covered porch. Would make an amazing man-cave too. ** Owner is a bee keeper so be aware there are bees on the property. Owner is a licensed real estate agent. Listing agent is related to seller.

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Stories: 1
  • Living Area: 1,743 SqFt

Listing Office:

  • Office Name: Century 21 Professional Group
  • Office Phone: (423) 949-7653

Interior Features

Interior Information:

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Basement: No
  • Flooring Type: Hardwood, Laminate
  • Interior: Ceiling Fan(s), High Speed Internet, Laminate Counters, Pantry

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: None, Back Fence, Privacy Fence, Wood Fence, Porch Front, Porch

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Gravel

Lot Features

Lot Information:

  • Lot: Back Yard, Many Trees, Sloped
  • Lot Size: 2.40 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Ashland Terrace to Ely Rd. 6th Home on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,000
  • Price Per SqFt: $172/SqFt

Tax Information:

  • Annual Amount: $1,500
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Chattanooga, TN.

Med. Sold Price

$330K

Med. Price/SqFt

$200

Avg. Days On Market

37

# of Sold Homes

331

515 Ely Rd vs Chattanooga

3 DAYS ON ROCKET

-34 Days

$299,000

-$31K Less

$172/SqFt

-$29 Less

KEY TAKEAWAY

This property is $31K less than the Median Sold Price and $29/SqFt less than other homes in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1504668

Listing Office:

  • Office Name: Century 21 Professional Group
  • Office Phone: (423) 949-7653

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 8:21:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 02, 2018Home Sold
$115,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,500$26,725
2019$739$26,725
2017$739$26,725

History based on county public records data.

Payment Calculator

$1,560

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$963

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-788750
6
/10
  • Alpine Crest Elementary School

  • 4700 Stagg Rd

  • 0.82 miles

  • Public District Grades KG-5

school-card-donut-788751
5
/10
  • Rivermont Elementary School

  • 3330 Hixson Pike

  • 1.27 miles

  • Public District Grades PK-5

school-card-donut-788752
5
/10
  • DuPont Elementary School

  • 4134 Hixson Pike

  • 1.52 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,808. The most common annual income of people living in Chattanooga, TN is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 515 Ely Rd

What is the listing price of this property?

The listing price of 515 Ely Rd property is $299,000.

What type of property is this?

The property 515 Ely Rd is a house located in Hixson, Tennessee, 37343.

Is this property for sale now?

Active Listing: 515 Ely Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,500 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 2, 2018 for $115,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 515 Ely Rd has 4 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 515 Ely Rd is 1,743 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 515 Ely Rd is 1948.

Rocket HomesTennesseeHamilton CountyChattanooga37343515 Ely Rd

This home is located at 515 Ely Rd in Hixson, TN and zip code 37343 in the Lupton City / Norcross neighborhood. This 1,743 square foot home, which was built in 1948, sits on a 2.40 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $299,000.

In November 2024, from all listings sold in Chattanooga, TN there were more than 47 sold above asking price, over 195 sold below and more than 89 were sold right at the asked price. The number of listings in Chattanooga, TN decreased by 6.9% between October 2024 and November 2024. Listings spent 37 days on the market in November 2024, and had a median list price of $330,018 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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